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Our Tax Technology Solutions

Cloud based technology designed to drive greater tax function effectiveness and efficiency

Legal Entity Management

A dynamic solution that manages vital company data, documents and organizational relationships.

State Apportionment

A powerful solution to streamline state and city apportionment data and calculations.

Income Tax Provision

A comprehensive income tax accounting solution designed for accuracy and simplicity.

Tax Technology BEYOND the Spreadsheet

Integrated Tax Lifecycle

The Tax Lifecycle is a continuous progression generally started with an enterprise’s annual income tax provision and continuing through the planning and forecasting phases. The process is tied to various regulatory deadlines and must be adhered to.

Tax Lifecycle PROVISION & FINANCIAL STATEMENT AUDIT EXTENSIONS ESTIMATED TAX PAYMENTS TAX COMPLIANCE TAX AUTHORITY AUDITS & DEFENSE AMENDED TAX RETURNS TAX PLANNING & REPORTING BUDGETING & FORECASTING

PROVISION & FINANCIAL STATEMENT AUDIT

At the close of every year and quarter, companies recognize income tax expense or benefit in accordance with FASB Accounting Standards Codification 740, Income Taxes (ASC 740). ASC 740 prescribes the methodology for the recognition, measurement and disclosure of income taxes.

EXTENSIONS

Due to the time constraints endured during the compressed tax accounting close, enterprises generally extend their tax compliance obligations to afford additional time to file income tax returns.

TAX COMPLIANCE

Companies prepare and file their annual income tax returns following a set of jurisdiction-based complex rules and regulations which are subject to ongoing change.

BUDGETING & FORECASTING

Due to the generally large cash outlays required during the tax year, tax obligations should be forecasted to ensure coordination with overall business operations.

TAX AUTHORITY AUDITS & DEFENSE

Tax returns are subject to the scrutiny of the various taxing jurisdictions in which a company operates or may be deemed operating.

TAX PLANNING & REPORTING

As one of the largest expenses on a company’s income statement, income tax planning is necessary to ensure obligations are met without sacrificing tax efficiency.

ESTIMATED TAX PAYMENTS

Companies need to comply with various federal, state, local and country specific rules and regulations to remit estimated tax payments periodically throughout the tax year.

AMENDED TAX RETURNS

Due to a multitude of factors, companies may be required to amend previously filed tax returns that may increase or decrease the amount of tax previously reported.

Latest News

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Burden of proof in Chinese audits: legal principles and strategic responses

Burden of proof in Chinese audits: legal principles and strategic responses

Effective audit management requires more than documentation; it’s the way taxpayers engage that can shape audit direction, manage procedural ambiguity, and preserve options for appeal or litigation

Opinion: US firms can’t hide from value-added services criticism

Opinion: US firms can’t hide from value-added services criticism

American advisers are falling short of client expectations when it comes to providing value-added services, but remaining tight-lipped won’t make the problem go away

Australia's evolving tax policy landscape: domestic reform and international challenges

Australia's evolving tax policy landscape: domestic reform and international challenges

Australia's approach to tax policy has undergone significant shifts in recent years, reflecting global trends and unique domestic considerations. These developments merit close attention from tax professionals

Pillar two and corporate acquisitions: the key questions answered

Pillar two and corporate acquisitions: the key questions answered

Johannes Bangum, Maria Barenfeld, and Peter Nilsson of KPMG Sweden explain the main pillar two issues that arise in corporate acquisitions, including scope acceleration, top-up tax responsibilities, and earnout treatment

How to build a tax disputes practice, with Brown Rudnick

How to build a tax disputes practice, with Brown Rudnick

Matthew Sharp, leader of London’s newest tax disputes team, shares the trials and tribulations of starting from scratch

How Brazil’s consumption tax reform revolutionises the taxation of financial services

How Brazil’s consumption tax reform revolutionises the taxation of financial services

Gabriel Caldiron Rezende and Juliana Mari Tanaka of Machado Associados discuss the impact of Brazil’s consumption tax reform on financial services, with a particular focus on the taxation of banking spreads

This week in tax: UK handed five-week exemption from doubled US steel tariffs

This week in tax: UK handed five-week exemption from doubled US steel tariffs

The UK has temporarily dodged the 50% rate due to a trade deal signed with the US in May; in other news, Ryan acquired a Northern Irish tax firm

Trump tariff refunds could take months, Ryan tax leader says

Trump tariff refunds could take months, Ryan tax leader says

The case to determine whether the tariff regime is constitutional will eventually find its way to the US Supreme Court, ITR has also heard

This month in indirect tax: OECD downgrades growth predictions amid Trump tariff drama

This month in indirect tax: OECD downgrades growth predictions amid Trump tariff drama

In other news, the Council of the EU pledged support to a CBAM simplification and exemption initiative, and Portugal issued new VAT filing guidance

Webinar – E-invoicing success stories

Webinar – E-invoicing success stories

Join ITR and Thomson Reuters on June 25 as a three-part webinar series concludes with real-world insights into how businesses are managing the e-invoicing transition and the strategies enabling global compliance

‘Amazing timing’: Aibidia on expanding AI TP solutions in US

‘Amazing timing’: Aibidia on expanding AI TP solutions in US

Following a $28 million funding round, Aibidia wants to ‘double down’ on the US market via partnerships with the ‘big four’, the Finnish TP tech provider’s CEO tells ITR

Five minutes with…Antonio Weffer, Baker McKenzie

Five minutes with…Antonio Weffer, Baker McKenzie

The Luxembourg-based TP leader tells ITR about relishing the intellectual challenge of his practice, his admiration for Stephen Hawking, and what makes tax cool

Five minutes with…Lennart van den Kommer, Reptune

Five minutes with…Lennart van den Kommer, Reptune

The Dutch TP software company’s co-founder tells ITR about speeding up documentation processes, following in Steve Jobs’s footsteps, and what makes tax cool

‘Significant implications’: Experts analyse US v Facebook TP ruling

‘Significant implications’: Experts analyse US v Facebook TP ruling

The ruling underscores the need for companies to provide robust and defensible valuations of intangible assets, one partner tells ITR

WTS Germany acquires Baker McKenzie tax team in post-investment play

WTS Germany acquires Baker McKenzie tax team in post-investment play

The arrival of a seven-strong team from Baker McKenzie will boost WTS Germany’s transfer pricing capabilities and help it become ‘a European champion’, the firm’s CEO said

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